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Our Summary
- For sale by Under the Hammer online auction on Wednesday 15th July 2026
- A freehold investment opportunity comprising a block of 6 self-contained units, located within close proximity to Dudley town centre
- The property is arranged to provide multiple residential units across the building, offering an established income stream with further potential to enhance returns
- Tenancy Schedule: 197a - 1 Bedroom Flat – Let at £525 pcm (£6,300 pa) 197b - 1 Bedroom Flat – Let at £550 pcm (£6,600 pa) 197c - 1 Bedroom Flat – Let at £550 pcm (£6,600 pa) 197d - 2 Bedroom Flat – Let at £765 pcm (£9,180 pa) 198a - 1 Bedroom Flat – Let at £530 pcm (£6,360 pa) 198b - Studio Flat – Let at £550pcm (£6,600pa) Total rental income: £3,470 pcm (£41,640 pa) The property offers scope for investors to increase income through potential future rental growth
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Description
The property is a freehold investment opportunity consisting of a block of 6 self-contained units. The building is arranged to provide multiple residential units, with a partially let schedule and scope to increase current rental income. The let units include 5 flats and 1 studio, generating a total current rent income of £3,025 per month (£36,300 per annum).
The vacant studio has the potential to churn £1,175 per month when let, increasing the total potential income to £45,000 per annum when fully occupied. The property is situated in a convenient and established location, close to local amenities and transport links, making it attractive to tenants.